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Loss Recovery 1 MT4

4.6

Loss Recovery 1 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods. This EA places some positions in opposite directions and some positions in direction of wrong position and manages these positions with mathematical methods until recovering total loss of the position.


Using EA :


  • EA Action:
    • Single Position With Specified Ticket (Order ID) : EA recovers only in-loss position with ticket specified in "In-Loss Position Ticket" field
    • All Positions On Account : EA recovers all positions with loss greater than "Distance to Start" field
    • All Positions On Current Chart : EA recovers all positions with symbols equal to attached chart and loss greater than " Distance to Start" field.
    • All Positions With Magic Number : EA recovers all positions with defined magic and loss greater than " Distance to Start" field
  • In-Loss Position Ticket (Order ID) [If Action=Single] : Ticket of existing wrong position specified in "In-Loss Position Magic" field
  • In-Loss Position Magic : Magic Number of Positions you want to recover
  • When to Start Recovery? Points (Fixed), Points (ATR), Percent of Balance, Loss Amount
  • Fixed Distance to Start: Distance in Points to start managing and recovering loss
  • Distance to Start [ATR Multiplier] : Distance Based on ATR Value
  • Loss to Start: Loss on position to start recovering loss
  • Distance of Positions Mode : Points / ATR Multiplier
  • Distance of Positions [Points]: Distance in Points to open next level positions
  • Distance of Positions [ATR Multiplier]: Distance in Points to open next level positions
  • Volume Percent for In-Dir Positions: Volume Percent of Positions in same direction of wrong position
  • Volume Percent for Opp-Dir Positions: Volume Percent of Positions in opposite direction of wrong position
  • TP : Total Take Profit of Basket of Trades. Enter 0 if you want to only recover losses without profit (Break-Even) .
  • Close Other Charts : Closes all Open Charts When Recovery Start (except current chart)



Recommended Values :

    Conservative Mode (Recover Loss Slowly with Low Risk) Fast Mode (Recover Loss as soon as possible)   Recommended Mode
(for EURUSD,AUDCAD,...)  
Recommended Mode
(for GBPJPY,GBPUSD,...)  
Distance to Start
2000 Points
1000 Points
500 Points
1000 Points
Distance of Positions
2000 Points
1000 Points
1000  Points
2000 Points
Volume Percent for In-Dir Positions
50
30
50
50
Volume Percent for Opp-Dir Positions
50
10
50
50



Testing EA :

For testing the EA you must enter position information in the wrong direction. The EA opens a position at time and volume and direction you entered and then starts managing DD. Make sure that after the position opens, the market moves in the wrong direction.

  • EA Action: Set to "Testing Mode"
  • TESTER Wrong Position Time:
    • The time for inserting the wrong position in the format: hh:mm as example: 15:35
    • Positions will be opened in market price at the time you specified on the start date of your testing period.
  • TESTER Wrong Position Direction: BUY or SELL
  • TESTER Wrong Position Volume: Volume of the wrong position (lots)
  • Test EA with large deposit and large volume.
  • You can optimize EA by changing parameters : Distance to Start, Loss to Start, Distance of Positions, Volume Percent for In-Dir Positions, Volume Percent for Opp-Dir Positions.



Recommendations :


     Works best for positions with large volumes. (>0.2 lots).

     You can continue your trading on your account. The EA manages your wrong position and own-opened positions until recovering loss.

     It is recommended to disable any trading operations by other EAs on recovery started positions.

     Make sure you selected "All History" on your terminal "Account History" panel.



Versions :



We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.



Bewertungen 5
aworex
1807
aworex 2022.06.29 05:48 
 

A good product for large-sized / long-term positions. A must-have for serious traders

Serge
747
Serge 2022.05.30 09:21 
 

Good, solid product. Works as explained. Great addition to my trading. Thank you very much Kyra.

UPDATE: I've used this EA for over 2 years now and must admit it's brilliant. It recovers even massive DDs nicely. Just make sure you have funds available to top up your account for Margin requirements. Do extensive testing to make sure it suits your pairs and your risk profile. For me the ATR setting works best due to a good balance between the recovery speed and the account loading. Thank you Kyra.

Alejandro Velazquez
68
Alejandro Velazquez 2021.08.09 07:23 
 

Muy buen producto. Bien diseñado, definitivamente es indispensable para operar con mayor seguridad. Excelente y sigan mejorando.

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Lo Thi Mai Loan
5 (6)
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Georgios Kalomoiropoulos
5 (2)
Vollautomatischer Berater nach dem Prinzip von Angebot und Nachfrage . Zum ersten Mal bieten wir einen vollautomatischen Angebots- und Nachfrageberater an . Trading leicht gemacht und Sie haben jetzt die volle Kontrolle über Ihre Handelsstrategie Verwendet ein praktisches grafisches Bedienfeld. Sie erhalten eine sehr hochwertige algorithmische Handelssoftware mit über 15.000 Codezeilen. EA ProBot Angebots- und Nachfrageleitfaden The Best Way to Trade Prop Firms fordert Sie bei jedem Schritt
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
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Profalgo Limited
5 (5)
Aktion starten: Begrenzte Anzahl von Exemplaren zum Tagespreis erhältlich Endpreis: 990 $ NEU: Erhalte 1 EA gratis!   (für 2 Handelskonten) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Willkommen bei DayTrade Pro Algo!   Nachdem ich jahrelang die Märkte studiert und verschiedene Strategien programmiert habe, habe ich einen Algorithmus gefunden, der alles hat, was ein gutes Handelssystem braucht: Es is
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Ahmad Aan Isnain Shofwan
BTCUSD GRID EA ist ein automatisiertes Programm, das zur Verwendung der Grid-Handelsstrategie entwickelt wurde BTCUSD GRID EA ist sowohl für Anfänger als auch für erfahrene Händler äußerst nützlich.   Es gibt zwar andere Arten von Trading-Bots, die Sie verwenden können, aber die logische Natur der Grid-Trading-Strategie macht es für Krypto-Grid-Trading-Bots einfach, automatisierten Handel ohne Probleme durchzuführen.   BTCUSD GRID EA ist die insgesamt beste Plattform, wenn Sie einen Grid-Tradin
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TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Wir stellen CyBRG RX vor: Der Trading-Assistent der nächsten Generation Betreten Sie die Zukunft des Tradings mit CyBRG RX, Ihrem hochmodernen Trading-Begleiter, der darauf ausgelegt ist, Ihr Trading-Erlebnis zu verbessern. Mit der Kraft fortschrittlicher neuronaler Netze analysiert und passt sich CyBRG RX an die sich ständig ändernden Marktbedingungen mit beispielloser Präzision an. Signale:   Live Signal 1 Live Signal 2 Da diese Strategie so einzigartig ist, möchte ich nur eine begren
Ai Hybrid Robot MT4
Mansour Babasafary
5 (3)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
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Marco Solito
4.75 (52)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Kyra Nickaline Watson-gordon
5 (1)
Channels Indicator is an All-In-One Indicator with a powerful calculation engine. The Indicator contains 4 different and usual methods for finding channels on the market. Indicator is powered by a visual interface and with various selections of alerts and notifications. Testing Indicator : Strategy Tester does not respond to your clicks on panels (This is metatrader tester limitation). Thus input your desired settings on the indicator pre-settings and test. Using Indicator : Display
Auswahl:
aworex
1807
aworex 2022.06.29 05:48 
 

A good product for large-sized / long-term positions. A must-have for serious traders

Serge
747
Serge 2022.05.30 09:21 
 

Good, solid product. Works as explained. Great addition to my trading. Thank you very much Kyra.

UPDATE: I've used this EA for over 2 years now and must admit it's brilliant. It recovers even massive DDs nicely. Just make sure you have funds available to top up your account for Margin requirements. Do extensive testing to make sure it suits your pairs and your risk profile. For me the ATR setting works best due to a good balance between the recovery speed and the account loading. Thank you Kyra.

Michael Beek
681
Michael Beek 2022.03.13 12:57 
 

I previously had a Recover EA, which constantly caused a high drawdown. This often went with the complete loss. Now I've rented LR 1, and got rid of that high drawdown within two weeks. Of course, this also depends on the market. But the working method of the LR1 EA, as far as I can judge this after 2 weeks, gives hope for the future.

Alejandro Velazquez
68
Alejandro Velazquez 2021.08.09 07:23 
 

Muy buen producto. Bien diseñado, definitivamente es indispensable para operar con mayor seguridad. Excelente y sigan mejorando.

mnafraz
82
mnafraz 2021.05.19 16:36 
 

Good product but I believe price is a bit on the higher side. Recovery must start at 20% DD as DD doubles during the process. 0.01 lot sizes dont do well minimum 0.1 advisable. TP line is a must to avoid negative closure of trades. Overall nice product to manage unexpected moves.

Antwort auf eine Rezension
Version 3.0 2024.05.27
Added new selection mode : "Multiple Positions With Defined Tickets"
Version 2.2 2023.02.13
Added option to limit volume of each order.
Faster Closing of orders.
Version 2.1 2022.04.22
Added options for notifications and popup alerts
Added more options to close chart feature
Optimized performance of recovering lower volumes of orders
Version 2.0 2022.02.19
- Added Max Spread Filter
- Added Start Recovery option based on Loss Amount
- Added options to setup TP
Version 1.3 2021.09.18
Added
- commissions and swaps for profit calculation (optional).
- Allow to run on Multiple charts with different magic numbers
- Colored arrows shows on real trading chart to demonstrate entry and exit points
Version 1.2 2021.03.26
Error codes changed to Error Clear Texts.
Version 1.1 2021.03.02
Added :
- ATR Option to Determine Distances
- Automatically Close Charts on Start of Recovery.